Posts filtered by tags: @PALO ALTO[x]


 

How one moonshot VC approaches investing in the COVID-19 era 

Take one glance at Playground Global’s portfolio and a theme emerges: The firm’s investments are forward-looking, longer-term plays, a strategy that runs counter to the fast-return ethos that permeates certain Silicon Valley sectors. The Palo Alto-based VC firm is banking on the future with investments in capital-intensive and technically complex pursuits, including robotics, autonomous driving, metallic 3D printing and infrastructure. It’s an investment strategy that isn’t for the faint of h...
Tags: Amazon, TC, Entrepreneurship, Events, Entrepreneur, Tech, UPS, Palo Alto, Albums, Venture Capital, Private Equity, Silicon Valley, Manufacturing, Consumer Products, Fedex, Cto


Emails and IMs from the CEOs of Amazon, Facebook and Google show how they think about acquiring companies — and it has little to do with the quality of a startup's product (AMZN, FB, GOOG)

Documents made public Wednesday as part of a Congressional antitrust hearing give insight into the concerns of tech's most powerful CEOs leading up to game-changing acquisitions. Amazon, Facebook and Google all made big purchases of startups whose technology, the documents reveal, their teams found to be lacking. Instead, the deals got done because the companies feared losing market share or wanted a leg up in a new sector.  Visit Business Insider's homepage for more stories. If you're lookin...
Tags: Apple, Google, Amazon, Facebook, Mark Zuckerberg, Instagram, Microsoft, Yahoo, Youtube, Trends, Cisco, Palo Alto, Tim Cook, Oracle, Sap, Zuckerberg


Scare Bnb? Dave Franco talks home-share paranoia in directorial debut ‘The Rental’

For Dave Franco, the inspiration for the psychological thriller “The Rental” bubbled up from the paranoia that crept into his thoughts each time he booked a home-share rental. “I think about how the country is divided as it’s ever been, and no one trusts each other, yet we trust staying in the home of a stranger simply because of a few positive reviews online,” says the 35-year-old actor who co-wrote the screenplay and makes his feature directorial debut here. “I wanted to explore that disconnec...
Tags: Downton Abbey, Movies, Oregon, Sport, Palo Alto, Things To Do, Soccer, Showtime, Franco, Nba, James Franco, John Malkovich, Cleveland Cavaliers, Lebron James, Oakland, Seattle


Homeowner’s insurance startup Hippo raises $150M Series E round

The fundraising round values the tech-focused home insurance company at $1.5 billion.
Tags: Technology, California, Insurance, Palo Alto, Radio, Fundraising, Venture Capital, Silicon Valley, Smart Home, Hippo, Homeowner, Homeowners Insurance, Select, News Brief, Ribbit Capital, Assaf Wand


Ex-Google CEO Eric Schmidt is working to launch a university that would rival Stanford and MIT and funnel tech workers into government work

Ex-Google CEO Eric Schmidt is leading a federal initiative to launch a university that would train a new generation of tech workers for the government, per a One Zero report. The school, named the US Digital Service Academy, looks to rival Stanford and MIT, two established tech talent pools. National Security Commission on Artificial Intelligence (NSCAI) — an organization created to push the US ahead in the race for artificial intelligence — voted unanimously in a meeting Monday to recommend t...
Tags: Google, Obama, Congress, Stanford, China, Defense, US, Trends, Mit, Palo Alto, Larry Page, Federal Communications Commission, Sergey Brin, Silicon Valley, Eric Schmidt, Stanford University


CRV has closed its newest fund with the same amount as its previous fund; “We’re making a statement”

CRV, the early-stage venture firm that is this year celebrating its 50th anniversary, has just closed its newest fund with $600 million in capital commitments. The firm asserts that it garnered the pledges entirely during the pandemic, saying it kicked off its fundraising efforts in April. But just as notably, says general partner Jon Auerbach — who joined the firm’s Boston office 13 years ago and two years ago headed the Bay Area, where CRV has two offices —  the fund is the “exact size of o...
Tags: Microsoft, Boston, India, San Francisco, Tech, Palo Alto, Kansas, Doordash, Bessemer, Bay Area, Wichita, Auerbach, CRV, Devdutt, Devdutt Yellurkar, Anna Khan


Silicon Valley and Trump are united against TikTok — for different reasons

Hello and welcome to the post-Bastille day edition of Trending, Business Insider's weekly look at the world of tech. I'm Alexei Oreskovic, Business Insider's West Coast Bureau Chief and Global Tech Editor. If you want to get Trending in your email inbox every Wednesday, just click here. This week: TikTok, the disruption Silicon Valley never saw coming After the coronavirus, TikTok has emerged as the great transnational obsession of 2020, captivating teens, business chiefs, pundits, politica...
Tags: Apple, Google, Amazon, Mark Zuckerberg, Instagram, Microsoft, La, China, India, Disney, US, Trends, Palo Alto, Ben Thompson, Netflix, Beijing


The real impact of Stanford cutting 11 sports will be felt far beyond Palo Alto

If Stanford and its $27 billion endowment is cutting sports because of financial concerns, you can bet others will soon follow.
Tags: News, Stanford, Sports, Palo Alto


The life and career of Alex Karp, the billionaire CEO who's taking Palantir public in what could be one of the biggest tech IPOs of the year

Palantir, the secretive and controversial big data company, announced on Monday that it had filed to go public.  Since 2004, the company has been run by cofounder and CEO Alex Karp, an unusual and eccentric leader who pursued a Ph.D. in philosophy and invested on behalf of wealthy European clients before joining Palantir.  Karp is also a fitness and wellness fanatic who swims, meditates, and practices martial arts.  Karp is worth about $1.3 billion and has never been married. Though Palantir i...
Tags: London, Ebay, Stanford, US, Trends, Reagan, Paypal, Palo Alto, Tai Chi, Pennsylvania, New Hampshire, Peter Thiel, Silicon Valley, Philadelphia, Wall Street Journal, Palantir


Decrypted: Police hack criminal phone network; Randori raises $20M Series A

Last week was, for most Americans, a four-day work week. But a lot still happened in the security world. The U.S. government’s cybersecurity agencies warned of two critical vulnerabilities — one in Palo Alto’s networking tech and the other in F5’s gear — that foreign, nation state-backed hackers will “likely” exploit these flaws to get access to networks, steal data or spread malware. Plus, the FCC formally declared Chinese tech giants Huawei and ZTE as threats to national security. Here’s more ...
Tags: Security, Social, Startups, Europe, Fcc, China, Tech, Ceo, Data Breach, Encryption, Cryptography, Palo Alto, Information Technology, United States, Internet Security, United Kingdom


The Station: The startups edition

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Hello and welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point B. I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch. For all the U.S. readers here, I hope you are enjoying the holiday weekend. I am mixing up the format this week becau...
Tags: TC, Lyft, Uber, Europe, UK, London, California, China, Ipo, Berlin, Tech, Tesla, UPS, Palo Alto, Automotive, United States


Lyft’s self-driving test vehicles are back on public roads in California

Lyft’s self-driving vehicle division has restarted testing on public roads in California, several months after pausing operations amid the COVID-19 pandemic. Lyft’s Level 5 program said Tuesday some of its autonomous vehicles are back on the road in Palo Alto and at its closed test track. The company has not resumed a pilot program that provided rides to Lyft employees in Palo Alto. The company said it is following CDC guidelines for personal protective equipment and surface cleaning. It has ...
Tags: TC, Transportation, Lyft, California, Cdc, Tech, Palo Alto, Automotive, United States, Autonomous Vehicles, California Department of Motor Vehicles, Robert Morgan, Waymo, Self Driving Vehicles, London Munich, Sameer Qureshi


US govt warns foreign hackers 'will likely exploit' critical firewall bypass bug in Palo Alto gear – patch now

Bogus signatures may fool your corp network's gatekeeper Palo Alto Networks has issued a fix for a security hole in its firewall products – one so serious, Uncle Sam urged organizations to patch it ASAP as foreign hackers "will likely attempt to exploit it soon."…
Tags: US, Palo Alto, Software, Sam, Palo Alto Networks


US govt warns foreign hackers 'will likely try to exploit' critical firewall bypass bug in Palo Alto gear – patch now

Bogus signatures may fool your corp network's gatekeeper Palo Alto Networks has issued a fix for a security hole in its firewall products – one so serious, Uncle Sam urged organizations to patch it ASAP as foreign hackers "will likely attempt to exploit it soon."…
Tags: US, Palo Alto, Software, Sam, Palo Alto Networks


US government agency warns of fresh Palo Alto VPN security flaw

The U.S. government is warning that foreign nation-state hackers will “likely attempt” to exploit a new “critical”-rated security vulnerability found in a number of widely used Palo Alto Networks’ network appliances, which if exploited could allow an attacker to break into a company’s network with relative ease. That’s the warning from US Cyber Command, a division of the Dept. of Defense and former sister-agency to the NSA, which said enterprises should patch their vulnerable devices as soon ...
Tags: Security, TC, Privacy, Nsa, US, Tech, Ransomware, Encryption, Palo Alto, Homeland Security, Vpn, Palo Alto Networks, Cisa, Dept of Defense, US Cyber Command, Virtual Private Networks


9 facts that show just how wealthy Facebook CEO Mark Zuckerberg really is

Mark Zuckerberg's net worth dropped nearly $10 billion in just a week. The drop came after Coca-Cola and other major companies suspended advertising with the social-media giant. Zuckerberg's net worth, an estimated $82.3 billion, is largely tied to his Facebook stock. Even with Facebook's ad boycott issues, the site's cofounder is still plenty rich. Visit Business Insider's homepage for more stories. Mark Zuckerberg's net worth dropped by nearly $10 billion in just a week after , Starbucks, ...
Tags: Facebook, Mark Zuckerberg, US, Trends, Bloomberg, Palo Alto, Starbucks, Jamaica, Jordan, Kylie Jenner, Jeff Bezos, Nicaragua, Lake Tahoe, Tahoe, Social Security Administration, Coca Cola


Mark Zuckerberg's net worth dropped nearly $10 billion in just a week as an advertiser boycott sinks Facebook's share price. Here's how the CEO makes and spends his fortune.

Advertisers including Verizon, Honda, and Ben & Jerry's are boycotting Facebook over the social network's lack of hate-speech moderation. The boycott is sinking both Facebook's share price and CEO Mark Zuckerberg's net worth. Zuckerberg has a net worth of $82.3 billion, making him the fourth-richest person in the world. Zuckerberg drives an affordable car and wears basic clothes, but appears to splurge on real estate, buying houses and then buying the surrounding properties for privacy.  Zu...
Tags: Facebook, Mark Zuckerberg, Europe, Yahoo, Minneapolis, US, America, San Francisco, Trends, Eu, Bloomberg, Palo Alto, Harvard, Ford, Paris, Athens


Revealed: Silicon Valley Bigwig Sent a Million Dollars to Dem Groups

One of Silicon Valley’s top investors has quietly dumped seven figures into Democratic super PACs over the past two years through a pair of dark money groups that have little documented activity beyond channeling money into federal elections.Matt Cohler, a former Facebook executive and a partner at the venture capital firm Benchmark, is behind the pair of nonprofit groups, one of which has donated a total of more than $1 million this year alone to three leading Democratic political groups. The P...
Tags: Facebook, News, California, Washington, Senate, Joe Biden, Palo Alto, PAC, Silicon Valley, The Daily Beast, Irs, Internal Revenue Service, CLC, Federal Election Commission, PEC, Chuck Schumer


Lyft is using data from its ride-share drivers to develop self-driving cars

Lyft is using data collected from drivers on its ride-hailing app to accelerate the development of self-driving cars. Lyft’s Level 5 self-driving car program is using the data to build 3D maps, understand human driving patterns and improve simulation tests — all tools needed to push their autonomous vehicle technology forward, according to a blog posted Tuesday. The program is taking data from select vehicles in its Express Drive program, which provides rental cars and SUVs to drivers on its ...
Tags: TC, Lyft, Tech, Palo Alto, Automotive, Autonomous Vehicles, Blue Vision Labs, Peter Ondruska, Luca Del Pero, Hugo Grimmett


Lyft is using data from its rideshare drivers to develop self-driving cars

Lyft is using data collected from drivers on its ride-hailing app to accelerate the development of self-driving cars. Lyft’s Level 5 self-driving car program is using the data to build 3D maps, understand human driving patterns and improve simulation tests — all tools needed to push their autonomous vehicle technology forward, according to a blog post on Tuesday. The program is taking data from select vehicles in its Express Drive program, which provides rental cars and SUVs to drivers on its...
Tags: TC, Transportation, Lyft, Tech, Palo Alto, Automotive, Autonomous Vehicles, Blue Vision Labs, Peter Ondruska, Luca Del Pero, Hugo Grimmett


AngelList’s ‘Carta for India’ product helps startups manage cap table and employee grants for free

AngelList, a platform that helps startup founders discover and connect to angel investors and job seekers, on Wednesday branched out to a new category in India to further serve the ecosystem. The startup platform said its new product, called EquityList, allows founders to easily manage their cap table, which as the name suggests, is a table that documents a firm’s percentages of ownership, value of equity in each round, and equity dilution. AngelList’s new offering pits it against the talk-of...
Tags: Startups, Apps, Asia, India, Startup, Tech, Palo Alto, New Delhi, Bangalore, Times Internet, Angellist, Microsoft Excel, Carta, Sampat, Somani, Utsav Somani


Palo Alto, a Previously Unreleased Thelonious Monk Live Album

A Thelonious Monk live album that was recorded in 1968 is set to be released for the first time on July 31, 2020. You can hear the first single from the album on YouTube, Spotify, or several other places. The story behind the performance is a little nutty — a student hired Monk to play at his high school and many folks didn’t buy tickets until the jazz great actually pulled into the parking lot. After the assassination of Dr. Martin Luther King, Jr. in 1968, racial tensions across the coun...
Tags: California, Palo Alto, Martin Luther King Jr, Jason Kottke, Monk, Palo Alto High School, Scher, Danny Scher


In 1968, a Teenager Convinced Thelonious Monk to Play a Gig at His High School to Promote Racial Unity; Now the Concert Recording Is Getting Released

In 1964, Thelonious Monk appeared on the cover of TIME. He had been chosen for an extensive profile, his biographer Robin D.G. Kelley tells Terry Gross, because the magazine thought Miles Davis or Ray Charles might be “too controversial.” Monk, it was thought “had no complaints… he wasn't so political.” This is not exactly so, Kelley writes in Thelonious Monk: The Life and Times of an American Original. The eccentric genius played benefit concerts throughout the 60s. But he was also begi...
Tags: Google, Music, College, Palo Alto, Jazz, Miles Davis, Npr, Ray Charles, Facebook Twitter, Monk, East Palo Alto, Josh Jones, Kelley, Terry Gross, Palo Alto High School, Durham NC Follow


California officials target tech firms that drive our economy

During a house-shopping visit to a small industrial city in Ohio where I had taken my first newspaper job, I asked a local, “What’s that smell?” His answer: “What smell?” Residents there had become so accustomed to the industrial scents from the city’s massive chemical plant and oil refinery that they didn’t notice them anymore. When out-of-town visitors would ask me the same question, I’d say: “It’s the smell of money and jobs.” After the refinery announced plans to shut down, local and state o...
Tags: Amazon, Elon Musk, Texas, California, Opinion, Germany, San Francisco, Tesla, Sport, Palo Alto, Soccer, United States, Ronald Reagan, Arizona, Ohio, California Supreme Court


'There's no topic people in tech are more afraid to broach than race': A Silicon Valley VC firm is using peer pressure to make tech insiders commit to diversity

Foundation Capital is spearheading #JuneteenthVC, an online day of action on the traditional day commemorating the end of slavery in the United States calling on venture firms and portfolio companies to publicly share their commitments to combat racism in Silicon Valley. General partner Steve Vassallo told Business Insider that many other venture capitalists were hesitant to publicly commit to such initiatives when he sent the email detailing his plan on Saturday. Though Vassallo saw many of h...
Tags: Trends, Palo Alto, United States, Silicon Valley, Obvious Ventures, NGO, Black, Foundation Capital, Foundation, NVCA, Kathryn Gould, VASSALLO, Steve Vassallo, Andrew Beebe, Foundational Capital, Sang Ngo


These 7 personal finance start-ups are enticing Gen-Z with virtual piggy banks and video game-style savings — and raised $240 million from investors like Will Smith and JP Morgan.

Generation Z, those born between 1996 and 2010, is coming of age. There are 68 million Gen Zers in the US, and in the coming years they'll replace Millennials as the newest generation of workers and consumers. From childhood allowances to college finances, fintechs are looking for ways to tap into this group of consumers who are starting to enter the workforce. Here are seven startups focused on personal finance targeting Generation Z. Click here to sign up for Wall Street Insider. Generation...
Tags: UK, Massachusetts, US, San Francisco, Trends, Atlanta, Palo Alto, Chicago, Jp Morgan, Silicon Valley, Andreessen Horowitz, Will Smith, GoHenry, Max Levchin, Pluto, Warby Parker


Venture capital has a diversity problem, but one firm has declared an 'online day of action' June 19, and called on others to publicly speak out against racism in the industry

Foundation Capital is spearheading #JuneteenthVC, an online day of action calling on venture firms and portfolio companies to publicly share their commitments to combat racism in Silicon Valley. General partner Steve Vassallo told Business Insider that many other VCs were hesitant to publicly commit to such initiatives when he sent the email detailing his plan on Saturday. Although Vassallo saw many of his peers personally donate or participate in protests, he said there is still more to be do...
Tags: Trends, Palo Alto, United States, Silicon Valley, Obvious Ventures, NGO, Black, Foundation Capital, Foundation, NVCA, Kathryn Gould, VASSALLO, Steve Vassallo, Andrew Beebe, Foundational Capital, Sang Ngo


Venture capital has a diversity problem, but one firm has declared an 'online day of action' on June 19 and called on others to publicly speak out against racism in the industry

Foundation Capital is spearheading #JuneteenthVC, an online day of action calling on venture firms and portfolio companies to publicly share their commitments to combat racism in Silicon Valley. General partner Steve Vassallo told Business Insider that many other venture capitalists were hesitant to publicly commit to such initiatives when he sent the email detailing his plan on Saturday. Though Vassallo saw many of his peers personally donate or participate in protests, he said there was stil...
Tags: US, Trends, Palo Alto, Silicon Valley, Obvious Ventures, NGO, Black, Foundation Capital, Foundation, NVCA, Kathryn Gould, VASSALLO, Steve Vassallo, Andrew Beebe, Foundational Capital, Sang Ngo


14 investors and VC firms funding innovative startups built around YouTube, Instagram, and TikTok creators and the influencer industry

As the influencer industry has grown, with new creator-led startups and content production companies emerging, so has the need for capital from investors.  Business Insider is recognizing 14 venture capital and investment players who are fueling startups that are shaping the creator economy. These investors are innovating and driving growth in the industry in 2020.  Send your influencer industry tips to the authors at [email protected] and [email protected] Subscribe to...
Tags: Apple, Google, Twitter, New York, London, Youtube, Stanford, Singapore, Disney, Los Angeles, San Francisco, Trends, Palo Alto, Zynga, Venture Capital, Ibm


14 investors and VC firms funding the most innovative startups built around YouTube, Instagram, and TikTok creators

As the influencer industry has grown, with new creator-led startups and content production companies emerging, so has the need for capital from investors.  Business Insider is recognizing 14 venture capital and investment players who are fueling startups that are shaping the creator economy. These investors are innovating and driving growth in the industry in 2020.  Send your influencer industry tips to the authors at [email protected] and [email protected] Subscribe to...
Tags: Apple, Google, Twitter, New York, London, Youtube, Stanford, Singapore, Disney, Los Angeles, San Francisco, Trends, Palo Alto, Zynga, Venture Capital, Ibm